Protection for Pension & Welfare Plans and Helps Protect Plan Assets From Fraud!
Why an ERISA Bond is needed:
The 1974 Employee Retirement Income Security Act was enacted by Congress to regulate employee benefit plans. This Act mandated that every fiduciary responsible for managing a benefit plan, and/or every individual who handles the assets of such a plan, be covered by a fidelity bond to help protect the plan's assets from fraudulent activity.
Amount of bond needed:
It is recommended that you discuss with your counsel, plan administrator, and/or secure local ERISA compliance information regarding the amounts of coverage necessary for your plan.
Protection at competitive rates:
An ERISA bond from Old Republic Surety can provide protection and peace of mind at competitive rates. You will be provided with quick turnaround service and complete claim handling by an expert staff should the need arise.
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